by Lara | Sep 27, 2018 | S&P 500, S&P 500 + DJIA |
A small range inside day does not offer clarity as to which Elliott wave count is correct. Candlesticks and the short term volume profile are analysed to determine the most likely direction for tomorrow. Summary: At this stage, it would be best to let price tell us if...
by Lara | Sep 26, 2018 | S&P 500, S&P 500 + DJIA |
Downwards movement remains above the last swing high. At this time, a series of higher highs and higher lows (the definition of an upwards trend) remains in place. Another signal today from the AD line indicates a new alternate Elliott wave count may be correct....
by Lara | Sep 25, 2018 | S&P 500, S&P 500 + DJIA |
A small range inside day leaves the Elliott wave count unchanged. The short term volume profile supports the Elliott wave count. Summary: Upwards movement is expected to resume. The short term target for the next pullback to arrive is about 2,957. The invalidation...
by Lara | Sep 24, 2018 | S&P 500, S&P 500 + DJIA |
A test of support about 2,912 was expected to begin the new trading week, which is exactly what has happened. Summary: Upwards movement is expected to resume tomorrow. The short term target for the next pullback to arrive is about 2,957. The invalidation point is at...
by Lara | Sep 22, 2018 | Gold, Lara's Weekly, S&P 500, US Oil
Commentary and charts of Lara’s Weekly, an end of week Elliott Wave and Technical Analysis of the S&P 500 and GOLD and USOIL, for week ending 21st September, 2018, is published on the Elliott Wave Gold website. You can access the analysis here.
by Lara | Sep 22, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement for the week to new all time highs was expected for the main Elliott wave count. Also, upwards movement for the week has invalidated the alternate Elliott wave count. When alternate wave counts are invalidated, then more confidence may be had in the...
by Lara | Sep 20, 2018 | S&P 500, S&P 500 + DJIA |
A new all time high was expected for the main preferred Elliott wave count. Members were advised that a pullback looked to be complete as early as the 11th of September, just two days from the last low. Summary: The structure of minor wave 5 is incomplete. The target...
by Lara | Sep 19, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement continues as the main Elliott wave count expects. A strong new signal today from On Balance Volume supports the main Elliott wave count. Summary: The pullback looks like is over. On Balance Volume makes a strong, new all time high today on the daily...
by Lara | Sep 18, 2018 | S&P 500, S&P 500 + DJIA |
Upwards movement has resumed as the main Elliott wave count expected. Summary: The pullback looks like is over. On Balance Volume makes new all time highs this week on the daily and weekly charts; this supports a bullish wave count. This view today remains unchanged;...
